MEDI vs. MRGR ETF Comparison
Comparison of Harbor Health Care ETF (MEDI) to ProShares Merger ETF (MRGR)
MEDI
Harbor Health Care ETF
MEDI Description
Harbor Health Care ETF is an exchange traded fund launched and managed by Harbor Capital Advisors, Inc. It is co-managed by Westfield Capital Management Company, L.P. The fund invests in public equity markets of the United States. The fund invests in stocks of companies operating across health care sectors. It invests in growth and value stocks of companies across diversified market capitalization. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. Harbor Health Care ETF is domiciled in the United States.
Grade (RS Rating)
Last Trade
$25.12
Average Daily Volume
1,835
10
MRGR
ProShares Merger ETF
MRGR Description
The investment seeks investment results, before fees and expenses, that track the performance of the S&P Merger Arbitrage Index (the "index"). The fund is designed to track the performance of the index and provide exposure to a global merger arbitrage strategy. The index, and by extension the fund, seeks to produce consistent, positive returns in virtually all market environments, although there are no assurances it will achieve this result. The fund is non-diversified. The index seeks to provide a risk arbitrage strategy that exploits commonly observed price changes associated with a global selection of publicly announced mergers, acquisitions and other corporate reorganizations. Historically, the index has exhibited market neutral characteristics, lower volatility compared to the S&P 500, and a low correlation to S&P 500 returns.Grade (RS Rating)
Last Trade
$40.33
Average Daily Volume
826
32
Performance
| Period | MEDI | MRGR |
|---|---|---|
| 30 Days | -0.33% | 0.70% |
| 60 Days | -2.37% | 0.68% |
| 90 Days | -3.26% | -0.14% |
| 12 Months | 13.83% | 7.01% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MEDI | Weight in MRGR | Overlap |
|---|
MEDI Underweight 32 Positions Relative to MRGR
| Symbol | Grade | Weight | |
|---|---|---|---|
| WRK | D | -3.22% | |
| EVBG | B | -2.99% | |
| ETRN | D | -2.86% | |
| HTLF | B | -2.56% | |
| EDR | A | -2.53% | |
| AIRC | A | -2.52% | |
| MODN | B | -2.5% | |
| SBOW | B | -2.49% | |
| PRFT | B | -2.49% | |
| HCP | A | -2.48% | |
| SILK | B | -2.47% | |
| HIBB | A | -2.47% | |
| DFS | A | -2.46% | |
| DO | B | -2.46% | |
| AMK | B | -2.46% | |
| SQSP | A | -2.45% | |
| WIRE | A | -2.44% | |
| MRO | B | -2.43% | |
| ALE | C | -2.43% | |
| ANSS | C | -2.4% | |
| SRCL | A | -2.39% | |
| AXNX | B | -2.38% | |
| SLCA | B | -2.37% | |
| JNPR | B | -2.32% | |
| CTLT | B | -2.28% | |
| IBTX | B | -2.27% | |
| CERE | D | -2.26% | |
| HES | C | -2.17% | |
| MGRC | F | -2.08% | |
| CHX | C | -2.07% | |
| HA | D | -2.07% | |
| X | D | -1.82% |
MEDI: Top Represented Industries & Keywords
MRGR: Top Represented Industries & Keywords
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